Save Article

SEC Halts Trading in A.C.L.N Stock,
Amid Concern About Revenue Claims

WASHINGTON -- The Securities and Exchange Commission halted trading Monday in A.C.L.N. Ltd.'s stock, citing questions about the accuracy of several company claims.

Richard Sauer, an assistant director in the SEC's enforcement division, said that according to the New York Stock Exchange, this is the first time in about 25 years that the commission has halted trading in a Big Board stock. The trading suspension will last until April 2, the SEC said.